1603 Rainbow Dr
Springfield, OR 97477
- 3 Beds
- 2 Baths
- 1,440 sqft
3 Beds
2 Baths
1,440 sqft
Home Value
Trulia Estimate
$447KSince last month
Decreased$13K (-2.7%)Since last year
Increased$19K (+4.5%)Since last sale
Increased$149K (+50.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +129% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $444K |
| July 2026 | $447K |
| June 2026 | $456K |
| May 2026 | $454K |
| April 2026 | $458K |
| March 2026 | $452K |
| February 2026 | $443K |
| January 2026 | $449K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $330,000 | 10/16/25 | 3 | 2 | 1,160 | |
0.17 | Single-Family Home | $377,000 | 11/26/25 | 3 | 2 | 1,406 | |
0.14 | Single-Family Home | $390,000 | 11/24/25 | 3 | 2 | 1,108 | |
0.17 | Single-Family Home | $400,000 | 09/30/25 | 3 | 2 | 1,128 | |
0.03 | Single-Family Home | $330,000 | 10/16/25 | 3 | 1 | 1,160 | |
0.09 | Single-Family Home | $389,000 | 12/22/25 | 3 | 1 | 1,257 | |
0.19 | Single-Family Home | $225,000 | 07/31/26 | 2 | 2 | 1,040 | |
0.47 | Single-Family Home | $350,000 | 10/29/25 | 3 | 2 | 1,476 | |
0.17 | Single-Family Home | $380,000 | 06/30/26 | 3 | 1 | 1,074 | |
0.17 | Single-Family Home | $380,000 | 06/30/26 | 3 | 1 | 1,074 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $385,700 | 3 | 2 | 1,440 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | $373,600 | 4 | 1 | 1,456 | Off Market | |
0.04 | $330,000 | 3 | 1 | 1,160 | Recently Sold | |
0.07 | $469,400 | 3 | 2 | 1,750 | Off Market | |
0.08 | $350,000 | 3 | 1 | 1,272 | For Sale | |
0.08 | - | 2 | 1 | 990 | Off Market | |
0.08 | $360,300 | 3 | 1 | 1,152 | Off Market | |
0.09 | $389,000 | 3 | 1 | 1,257 | Recently Sold | |
0.09 | $321,700 | 2 | 1 | 840 | Off Market | |
0.10 | $337,400 | 3 | 1 | 992 | Off Market | |
0.11 | $322,600 | 3 | 1 | 1,416 | Off Market |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1980
Living Area
1,440 sqft
Price/Sqft
$311
Parking
Garage
About this House
Nice setting in great neighborhood. Long paved drive to private gate to home and big fenced yard. RV parking next to 23x16 garage. Lots of parking. Home has covered entry. Patio on morning sun side. Vinyl windows and slider. Laminate flooring. Refrigerator, Oven range, Microwave, Dishwasher, washer and dryer included.2nd story landing office space. Ductless Air/Heat.
1603 Rainbow Dr, Springfield, OR 97477 is a 3 bedroom, 2 bathroom, 1,440 sqft single-family home built in 1980. It last sold for $295,000 on Nov 30, 2020. It is currently off market. The Trulia Estimate is $447,300, with a rent estimate of $2,220/month.
Home Details for 1603 Rainbow Dr
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Interior Details BasementAtticTypes of Rooms: Dining RoomCeiling Fan |
Heating & Cooling Heating: Forced Air, ElectricHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Appliances & Utilities DishwasherDisposalMicrowaveRefrigerator |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: CompositionExterior: Wood, CompositionPatioPorch |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Year Built Year Built: 1980Year Updated: 1984 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 8276 sqft |
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RV Parking Rv Parking |
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Fitness & Sports Basketball Court |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 30, 2020 Source: RMLS (OR) #20342350 | Sold | $295,000 |
Oct 29, 2020 Source: Agent Provided | Pending | $295,000 |
Oct 24, 2020 Source: Agent Provided | PriceChange | $295,000 Price decreased by 3% |
Oct 14, 2020 Source: Agent Provided | Listed For Sale | $305,000 |
Sep 4, 2011 Source: Agent Provided | ListingRemoved | $75,000 |
Aug 27, 2011 Source: Agent Provided | Listed For Sale | $75,000 |
Aug 2, 2011 Source: N/A | Sold | $119,709 |
Jul 29, 2010 Source: N/A | Sold | $129,483 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,329 | $709,656 |
Home facts updated by county records
Market trends in Springfield
Last updated July 2026
Avg. sale price
$437K
$15.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$307
$2MoM
Available listings
198
25MoM
Around this home
What Locals Say about Springfield
At least 438 Trulia users voted on each feature.
88 % Say it's dog friendly
83 % Say there are sidewalks
81 % Say parking is easy
77 % Say car is needed
77 % Say there's holiday spirit
75 % Say yards are well-kept
72 % Say kids play outside
59 % Say it's walkable to grocery stores
57 % Say it's walkable to restaurants
57 % Say people would walk alone at night
55 % Say streets are well-lit
52 % Say it's quiet
51 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 1603 Rainbow Dr
Off Market Homes Near 1603 Rainbow Dr
Frequently asked questions about 1603 Rainbow Dr
- What is 1603 Rainbow Dr estimated to be worth?Trulia's estimated value for 1603 Rainbow Dr in Springfield, OR is $447,300.
- What is the price history for 1603 Rainbow Dr?1603 Rainbow Dr in Springfield, OR last sold for $295,000 in November 2020.
- Is Springfield a buyer's or seller's market?Springfield is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Springfield?The median sale price in Springfield is $437K. That is up $15.83K from the prior month.
- How big is the lot at 1603 Rainbow Dr?The lot at 1603 Rainbow Dr in Springfield, OR is about 0.19 acres (8,276 sq ft).
- Does 1603 Rainbow Dr have a garage?Yes, 1603 Rainbow Dr in Springfield, OR has a garage.

